MARKET CLOSE: NZ shares edge up as NZX leads late recovery, Air NZ falls

Wed, 13 Dec 2017

By Paul McBeth Dec. 13 (BusinessDesk) - New Zealand shares edged up to a new record, led by stock market operator NZX and as investors changed their tune on a2 Milk Co late in the day. Air New Zealand fell on disappointing monthly metrics. The S&P/NZX 50 index increased 3.77 points, or 0.05 percent, to 8,284.58. Within the index, 24 stocks gained, 19 fell, and seven were unchanged. Turnover was $141 million. "Our market has recovered late in the day - it's almost unchanged now but was down a reasonable amount," said Grant Williamson,...

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